When was M1 Finance founded?

M1 Finance was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 1 year after its incorporation.

Where is M1 Finance located?

M1 Finance is headquartered in Chicago, United States.

Who is the current CEO of M1 Finance?

Brian Barnes and Ohad Dell s of M1 Finance. Brian Barnes has also founded 1 company.

How many employees does M1 Finance have?

As of Sep 30, 2026, the latest employee count at M1 Finance is 234.

Is M1 Finance a funded company?

M1 Finance is a funded company, having raised a total of $333M across 6 funding rounds to date. The company's 1st funding round was a $9M Series A round, raised on Sep 09, 2016.

How much is M1 Finance worth?

The latest valuation of M1 Finance is $1.45B as of Jul 14, 2021.

When was the latest funding round of M1 Finance?

M1 Finance's latest funding was a $150M Series E round on Jul 14, 2021, with participation from 1 investor.

Is M1 Finance a Investment Tech company?

The primary sector of M1 Finance is Investment Tech.

Where does M1 Finance rank among its competitors?

M1 Finance ranks 4th amongst 172 active competitors, of which 38 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Pogo, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of M1 Finance?

M1 Finance's top competitors include Betterment, Wealthfront and Stash. Among them, Pogo secured the most recent funding round in June, 2026.

M1 Finance - 2026 Company Profile, Team, Funding & Competitors

M1 Finance is a series E company based in Chicago (United States), founded in 2015 by Brian Barnes and Ohad Dell. It operates as a Provider of an investment and lending platform for securities. M1 Finance has raised $333M in funding from Left Lane Capital and SoftBank Vision Fund, with a current valuation of $1.45B. The company has 172 active competitors, including 38 funded and 11 that have exited. Its top competitors include companies like Betterment, Wealthfront and Stash.

Sectors and market segments that M1 Finance operate in

M1 Finance serves in the FinTech market segments.The primary business model of M1 Finance is:

FinTech > Investment Tech > ***** **** > ***** ******

Company Details

Provider of an investment and lending platform for securities. It enables investors to invest, borrow, and spend on one intuitive platform. Its features include customized strategies, automated investment, digital account checking, and wealth management tools. It offers investment loans based on a line of credit. It is available on iOS and Android platforms.

Website: m1.com
Social
Email ID: *****@m1finance.com

Key Metrics

Founded Year

2015

Location

Chicago, United States

Stage

Series E

Total Funding

$333M in 6 rounds

Latest Funding Round

Series E, Jul 14, 2021, $150M

Post Money Valuation

$1.45B as on Jul 14, 2021

Investors

Left Lane Capital & 10 more

Ranked

4^th among 172 active competitors

Employee Count

234 as on Sep 30, 2026

Similar Companies

Betterment & 715 more

View M1 Finance's full profile

M1 Finance is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
M1 HOLDINGS INC. CIN: 651679 , United States, Active	Dec 18, 2020	-	-	-
M1 Holdings Inc CIN: 5699248 , United States, Active	Feb 24, 2015	-	-	-

M1 Finance has raised a total funding of $333M over 6 rounds. Its first funding round was on Sep 09, 2016. Its latest funding round was a Series E round on Jul 14, 2021 for $150M. 1 investor participated in its latest round. M1 Finance has 11 institutional investors.

Here is the list of recent funding rounds of M1 Finance:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 14, 2021	$150M	Series E	$1.45B	-	SoftBank Vision Fund	-
Mar 09, 2021	$75M	Series D	$1.45B	-	Left Lane Capital	Clocktower Ventures, Coatue
Oct 14, 2020	$49.8M	Series C	-	-	Left Lane Capital	Jump Capital, Clocktower Ventures, Chicago Ventures

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View details of M1 Finance's funding rounds and investors

The founders of M1 Finance are Brian Barnes and Ohad Dell. Ohad Dell and Brian Barnes are the CEOs of M1 Finance.

Here are the details of M1 Finance's key team members:

Brian Barnes: Co-Founder & Co-CEO of M1 Finance. They serve on the board of 1 company.
Contact Info: 1 email address
Ohad Dell: Co-Founder & Co-CEO of M1 Finance.

M1 Finance's Board of Directors

M1 Finance's board has 10 active members. Brian Spaly, Brian Barnes, Harley Miller, Dan Ahrens, Sam M, Michael Savino, Ilan Shalit, KJ Chua, Christine Larsen and Daniel Senft are independent board members.

Here is the list of M1 Finance's board of directors:

Name	Type	Representing	Status	Duration
Brian Spaly	Independent board member	-	Current	8y 4m
Brian Barnes	Independent board member	-	Current	8y 4m
Harley Miller	Independent board member	-	Current	5y 9m
Dan Ahrens	Independent board member	-	Current	6y 2m
Sam M	Independent board member	-	Current	8y 4m
Michael Savino	Independent board member	-	Current	8y 4m
Ilan Shalit	Independent board member	-	Current	6y 2m
KJ Chua	Independent board member	-	Current	4y 11m
Christine Larsen	Independent board member	-	Current	4y 11m
Daniel Senft	Independent board member	-	Current	5y 5m

View details of M1 Finance's Founder profiles and Board Members

M1 Finance's employee count trend

M1 Finance has 234 employees as of Sep 26. Here is M1 Finance's employee count trend over the years:

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Top competitors of M1 Finance include Betterment, Wealthfront and Stash. Here is the list of Top 10 competitors of M1 Finance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Betterment 2010, New York City (United States), Series F	App-based automated investment and retirement planning platform	$335M	Kinnevik, Francisco Partners & 42 others	75/100
2nd	Wealthfront 2008, Palo Alto (United States), Public	Robo advisor and financial planning platform	$205M	Index Ventures, Spark Capital & 32 others	75/100
3rd	Stash 2015, New York City (United States), Acquired	Automated investment and robo-advisory platform	$747M	Goodwater Capital, Union Square Ventures ... & 22 others	74/100
4th	M1 Finance 2015, Chicago (United States), Series E	Provider of an investment and lending platform for securities	$333M	Toba Capital, SoftBank Vision Fund & 9 others	73/100
5th	Pogo 2020, New York City (United States), Series A	App-based platform offering rewards for multi-category products	$32M	Buckley Ventures, Flucas Ventures & 49 others	67/100
6th	Ellevest 2014, New York City (United States), Acqui-Hired	App-based automated investment platform for women	$155M	Morningstar, Rethink Impact & 48 others	67/100
7th	BrightPlan 2016, San Jose (United States), Series B	Goal-based robo advisoy platform	$48.1M	The Cynosure Group, Fremont Group & 1 others	63/100
8th	SigFig 2011, San Francisco (United States), Series E	Intelligent financial solutions and personalized advice for enterprises and individual investors	$117M	General Atlantic, Union Square Ventures & 12 others	62/100
9th	Unifimoney Tech 2019, Austin (United States), Seed	App-based Robo-advisory platform for individuals	$10M	Hard Yaka, Altair Capital & 6 others	60/100
10th	Powder 2023, Los Altos (United States), Seed	Provider of generative AI co-pilot for wealth advisors	$5.5M	Y Combinator, Elefund & 10 others	59/100